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A large and persistent shortfall in the number and quality of the jobs being created in G20 countries is affecting prospects for re-igniting economic growth, according to a report prepared by the ILO, the OECD and the World Bank Group for the G20 Labour and Employment Ministers meeting taking place in Melbourne this week.

Unemployment rose substantially in the Slovak Republic as a result of the crisis and has only declined slowly since reaching a peak of 14.8% of the labour force in early 2010. At 13.3% in August 2014, the unemployment rate remains one of the highest among developed countries and is twice as high as the OECD average.

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Poland’s employment rate at 61% (Q2 2014) remains well below the OECD average but, in contrast to many other countries, it has increased slowly since the onset of the economic crisis (from 57.9% in Q1 2007).

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Hungary was hit harder by the global crisis than most OECD countries. Unemployment reached record levels at the peak of the crisis but has since recovered to its pre-crisis level around the current OECD average of 8%.

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During the crisis, Sweden’s unemployment rate increased by almost 3 percentage points, but part of this increase has now been reabsorbed. By July 2014, unemployment had fallen to 7.7%, well down from a peak of 8.9% in 2010.

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Despite moderate signs of recovery across many OECD countries in 2014, the unemployment rate in Greece remains stuck at close to its highest level since the onset of the economic crisis (27.2% as of May 2014). OECD projections suggest that the expected joblessness rate in Greece will remain high (around 27%) through to the end of 2015.

Switzerland has high employment rates and low unemployment. The overall employment rate remained stable since the start of the crisis and stands at 79% (first quarter of 2014), the second highest in the OECD after Iceland, well above the OECD average of 65.6%. As for unemployment, among OECD countries only Japan, Korea, and Norway have lower unemployment rates.